BTCUSD - downtrend after 20SMA breaks down through 200SMA
A follow on from my early chart that called us down to BTCUSD $3550.
At the time of writing this we still haven't broken $3550 but just touched it, (called it! :D )
Warning from a trusted signal to me though, it looks like the 20MA is about to break down through the 200MA on the 1 hour chart...
Every time it's done this in the last month it's been followed by a large sell off.
SHORT - Target price somewhere above $2400
PS: Lord save us all if BTC breaks down through $2400.
At the time of writing this we still haven't broken $3550 but just touched it, (called it! :D )
Warning from a trusted signal to me though, it looks like the 20MA is about to break down through the 200MA on the 1 hour chart...
Every time it's done this in the last month it's been followed by a large sell off.
SHORT - Target price somewhere above $2400
PS: Lord save us all if BTC breaks down through $2400.
ملاحظة
Possibly unclear above.SHORT - IF we clearly break $3550 - Target Close somewhere above $2400
Currently a very weak bounce up of $3600 - seems to be no energy to get above $3640. If the attempt repeats fail then likely to retest daily lows.
ملاحظة
crossover becoming more clear... only barrier to a big drop now is $3550 (ref: tradingview.com/chart/BTCUSD/pnujFr7H-BTC-USD-1day-closing-EMAs-and-declining-FUD/)break that and we drop far....
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.